A price prediction
Predicted price range for Agilent Technologies Our trading algorithm values Agilent Technologies (A) to be fairly valued. ###PLOTLYGRAPH### The red …
Read ArticlePredicted price range for Paramount Global Cl B
Our trading algorithm values Paramount Global Cl B (PARA) to be fairly valued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | fairly valued |
| Current trend | downtrend |
| Buy/Sell Recommendation | Neutral |
| Current Price | $18.54 |
| 60 Day Prediction | $17.69 |
| 60 Day Pred - Lower Bound | $11.01 |
| 60 Day Pred - Upper Bound | $24.41 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = -0.037 * nr_days_in_the_future + 18.807
Based on this information, our algorithm recommends the trading decision: Neutral. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
PARA traded at $18.54 this Friday October 14th, loosing $-0.02 or -0.10786704114070553 percent since last week.
Looking back, over the last month, PARA has been loosing $-4.56 or -24.59546516054031 percent.
Over the last year, it has been loosing $-20.53 or -110.73353703075007 percent.
Seasonality of Paramount Global Cl B
Using our AI model, we have been analyzing the value change for Paramount Global Cl B depending on the day or month of a year. This can be seen in the following graph:
